MAN appoints appoints Anegbe as new chairman of food and beverage sector

NIGERIA – Manufacturers Association of Nigeria (MAN) has appointed Chief Patrick Anegbe as its new chairman of its Food, Beverage and Tobacco (FBT) sectoral group. Anegbe will hold the new office alongside his position as […]

Three start ups announced winners of Nestlé Sub-Saharan Africa innovation challenge

AFRICA – Nestlé has announced the winners of the Sub-Saharan Africa innovation challenge that was launched in May 2019 as part of its efforts to contribute to the local innovation ecosystem. Selected from among a […]

IMCD acquires Matrix Ingredients operations in Singapore and Malaysia

NETHERLANDS – IMCD, a leading distributor of speciality chemicals and food ingredients, has acquired the food distribution business of Matrix Ingredients in Singapore and Malaysia, for an undisclosed sum. Following the transaction, Maxim Ingredients International Pte. Ltd. and […]

Nestlé expands plant-based range with mince and new-recipe burger

EUROPE – Nestlé is expanding its plant based food range with the introduction of a new ‘cook from raw’ Garden Gourmet Incredible Mince and a new and improved version of its Incredible Burger. The new […]

Nestlé to invest US$245m in Brazil over the next three years to expand production

BRAZIL – Nestlé SA will be investing US$245.75 million (1 billion reais) in Brazil’s Sao Paulo state over the next three years to expand its production capabilities. Nestlé plans to set up new production lines […]

Agricultural trader ETG secures US$128m funding to boost operations

KENYA – The Export Trading Group (ETG), a Kenya-based agricultural commodities trader, is set to receive US$128 million (Sh12.8 bn) funding from financial institutions to enable the firm finance its operations. Lead by the United […]

KSU joins research consortium to tackle hunger through agriculture

USA – Kansas State University (KSU) in collaboration with other research institutions have come together to help reduce hunger and poverty through agriculture. Through its program, Feed the Future Innovation Lab for Collaborative Research on […]

Tiger Brands unveils initiative to ease food insecurity in South Africa

SOUTH AFRICA – Tiger Brands, a South Africa based packaged food processor, has partnered with NPO Rise Against Hunger in an initiative that seeks to ease food insecurity in South Africa. The company through its […]

Corbion names Olivier Rigaud as new Chief Executive Officer

NETHERLANDS – The Dutch food and biochemicals company, Corbion has nominated Olivier Rigaud as the company’s new Chief Executive Officer effective August 8, 2019. His appointment which awaits approval at the company’s General Meeting to […]

Netherlands grants Ethiopia US$50 million to boost agriculture sector

ETHIOPIA – The Government of Ethiopia has secured US$50 million grant from the government of the Netherlands for its Agricultural Commercialization Clusters (ACC) Initiative. Under the funding, the governments signed a Memoranduon of Understanding (MoU) […]